(Bloomberg) -- Converse is cutting some jobs as parent company Nike Inc. trims its staff across divisions in search of cost savings. Nike is undergoing a $2 billion cost-cutting plan that includes ...
Converse, a Nike subsidiary, will cut jobs as part of its ongoing $2 billion cost reduction plan. Nike, affected by cautious consumer spending, will reduce product supply and management layers, along ...
Converse's workforce changes are part of Nike's plan. Converse accounts for about 5% of Nike's total sales. Nike is implementing a $2 billion plan to reduce expenses, which includes eliminating 2% ...
Converse is cutting roles as part of a general Nike Inc. business restructuring plan, the company confirmed to FN. In a statement, Converse said it “is realigning some of our teams and optimizing the ...
, opens new tab on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday. Nike had laid out a costs saving plan in December that would stretch over the next three ...
Nike (NYSE:NKE) – Converse, a Nike subsidiary, will cut jobs as part of its ongoing $2 billion cost reduction plan. Nike, affected by cautious consumer spending, will reduce product supply and ...
(Reuters) -Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday. Nike had laid out a ...
May 14 (Reuters) - Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday. Nike had laid ...
(Reuters) - Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, Bloomberg News reported on Tuesday citing an internal memo.
FOOTWEAR brand Converse will cut jobs as part of parent company Nike’s ongoing US$2 billion cost savings plan, a source familiar with the matter said on Tuesday (May 14). Nike had laid out a ...